Crude palm oil futures prices rose marginally by Rs 3.20, or 0.79 per cent, to Rs 409 per 10 kg today, as speculators created fresh positions on expectations of rise in demand in the spot market.
At the Multi Commodity Exchange counter, crude palm oil for October contract rose by Rs 3.20, or 0.79 per cent, to Rs 409 per 10 kg, with a trading volume of 11 lots, while September contract gained by Rs 3.20, or 0.78 per cent, to Rs 414.50 per 10 kg, with an open interest of 167 lots.
Similarly, the oil for delivery in current-month August contract moved up by Rs 3.20, or 0.77 per cent, to Rs 417 per 10 kg, with a business volume of 52 lots.
Analysts said fresh buying by speculators on hopes of pick up in demand in the spot market led to a rise in crude palm oil at futures market.